Tax software company Avalara confidentially files for US IPO


Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2025. REUTERS/Brendan McDermid

(Reuters) -Tax software company Avalara disclosed on Monday it had confidentially filed for a U.S. initial public offering, as investor optimism for new listings grows.

U.S. IPO activity, sluggish at the start of the year, is gaining momentum following robust investor demand for new offerings.

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